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Ducati Names New CEO
4/22/2013Volkswagen AG's Ducati motorcycle unit has promoted General Manager Claudio Domenicali to CEO, effective immediately.
Ducati Appoints Company Veteran As CEO
4/22/2013Volkswagen AG's Ducati motorcycle unit has promoted General Manager Claudio Domenicali to CEO, effective immediately.
Kia Debuts Horki Brand for China
4/22/2013Kia Motors Corp.'s Dongfeng Yueda Kia venture in China says its new China-only brand will be Horki, which means harmony and driving.
U.S. Firm Invests in Indian Supplier Avtec
4/22/2013New York City-based private equity firm Warburg Pincus LLC bought an unspecified minority stake in India's Avtec Ltd., a maker of powertrain and precision engineered auto components.
LG Chem Plans “Trial” Battery Production in U.S.
4/22/2013South Korea's LG Chem Ltd. CFO Cho Suk-jeh tells reporters in Seoul it will begin "trial" production in July or August of lithium-ion polymer cells at its never-used $304 million battery plant in Holland, Mich.
Ford-AVL Analysis Promotes Higher-Alcohol-Content Fuel
4/21/2013AVL Powertrain Engineering Inc. and Ford Motor Co. say a gasoline blend containing between 20% and 40% alcohol appears to be a good option for high-compression engines designed for high-octane fuel, Green Car Congress reports.
Honda Recalls 205,000 Vehicles for Transmission Flaw
4/21/2013A defect that can allow an automatic transmission to be shifted out of Park without first depressing the brake pedal has prompted Honda Motor Co. to recall 205,000 cars, crossovers and minivans in the U.S.
GM to Add Four Plants in China by 2015
4/21/2013General Motors Co., which opened two assembly plants in China last year, says it will launch four more in the country in less than three years.
Prius May Miss 2013 U.S. Sales Goal
4/21/2013Toyota Motor Corp. says U.S. sales of its Prius line of hybrid vehicles may miss the company's target of 250,000 units this year because of declining gasoline prices, Bloomberg News reports.
VW Cuts Production in U.S.
4/19/2013Volkswagen AG is cutting 500 contract jobs at its assembly plant in Chattanooga, Tenn., thus shrinking the factory's workforce to 2,700 employees by the end of June.